Australia news live: Bullock says interest rates will be hiked again ‘if that’s what’s needed’; Mehreen Faruqi confirms she will contest Greens leadership

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New South Wales police say they are investigating the suspicious deaths of two men in the state’s north.

Police said they found the first man – who has since been identified as a 79-year-old – dead at a property on Summerland Way at Gurranang, near Grafton, on 13 September.

And that’s equally important in the Reserve Bank’s mandate, dual mandate, which talks about maintaining full employment at the same time as they go for price stability, which means inflation in the target band.

Well, it’s still lower than what we saw under Howard and Costello, is the first point.

I think that’s pretty clear. And what we’ve seen in recent years is that it’s possible to have low and steady unemployment at the same time as we see inflation moderate to more normal levels.